Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

User Stats

122
Posts
26
Votes
Mike Hepburn
  • Flipper/Rehabber
  • Toronto, ON
26
Votes |
122
Posts

Lets Joint Venture & Flip The MLS

Mike Hepburn
  • Flipper/Rehabber
  • Toronto, ON
Posted

Everyone wants off market deals, right? I assume that's because they don't want the added commission.

What If; a property is available in same price range as cash buyers are paying in that area?
Shh! don't tell the seller but the investor demands far bigger discounts than a 6% MLS Commission, correct?

What If; we have a contact list of those buyers and know precisely what they are doing right down to average cost per sqft?
Retail Comps always excluded. Skews the results

What If; some additional due diligence is done for them?
1/ Condensed Home Inspection Report.
2/ One Owner Back Title Report.

There is more, please PM for full details.

This strategy can also be applied to Huds and REO's,
neither of which allow assignments or flips.

Foot Note
This is just one strategy in one city.
The ultimate road to success involves multiple strategies, in multiple carefully selected cities. Cherry Picking the best deals in each city. Agree?
Are you up for it? I certainly am, but need a JV Partner.

Just my Favorites below.
Probates, MLS, Bankruptcy, Absentee Landlords, Notes

There is more, please PM for full details.

Loading replies...